SABA
Fight against poverty and debt gets underway
Social Affairs State Secretary, Jetta Klijnsma (left), has allocated $8 million to projects combatting poverty and debts.
The $8 million is a “helping hand” for projects that “have a country wide impact and that offer a sustainable contribution in preventing poverty and educating on and reducing debts”.
Relating to projects focusing on vulnerable groups, the initiatives are intended for children who grow up in a family with a low income, young people with financial problems, families with single parents, households with long-term low income and non-Western households.
From 23 May onwards, applications for a share of the first $4 million are invited. Next year, the second tranche of $4 million will come available.
Interested organizations and foundations will have to contribute 25 percent of the cost of their initiative.